Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Senate Education briefing examines proposal to inflate Act 73 base; JFO says first‑two‑year change would raise the permanent trajectory
Summary
Lawmakers reviewed Joint Fiscal Office modeling showing Senate Education language that inflates the Act 73 base for the first two years would raise the permanent foundation formula base (example: ~ $16,575 vs $15,936 if NIPA were used), which — all else equal — would increase education funding obligations and likely require higher property tax revenue.
The Senate Education Committee on April 7 reviewed Joint Fiscal Office modeling of a proposal to inflate the Act 73 foundation‑formula base in the first two years before reverting to the standard NIPA inflator. JFO staff told the committee this temporary change would permanently raise the base level used to compute districts' education opportunity payments and therefore, holding everything else constant, would increase statewide education funding needs.
Patrick Holden of the Joint Fiscal Office explained the mechanics: Act 73's $15,033 base…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
